As the pair has reached the upper band from the uprising channel, it may be the moment for correction and look for a short entry setup.
Capturing the downward movement, supported by a soft divergence with MACD, the trade allows aiming for an R:R | 1:2 with an S/l around 75 pip from the E/L.
Capturing the downward movement, supported by a soft divergence with MACD, the trade allows aiming for an R:R | 1:2 with an S/l around 75 pip from the E/L.
Order cancelled:
Price never triggered the sell order, and kept the upward momentum.
Trade cancelled.
Trade cancelled.
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